Hi fib
how about the bullish divergence on the RSI and slow stoch along with the MACD which looks like it's about to give a bullish cross. We saw it get pushed down on low volume yesterday by shorts that wanted to see it test 6.80 support. Low 7's is as far as it got before heavy buying came in hence the hammer candle that we had yesterday.
So essentially we had a lower low but the RSI and slow stoch were above their recent low. Such divergences generally mean prices want to go higher.
Regards
S
i'm in, page-9
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Last
$1.62 |
Change
-0.025(1.52%) |
Mkt cap ! $1.262B | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.67 | $1.62 | $6.569M | 4.008M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11088 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 20860 | 2 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |